Taiwan’s China Steel Corporation (CSC) raised its domestic prices for April and the second quarter by NT$1,000 to 1,200 per ton. Hot-rolled and cold-rolled coils had the largest monthly increases, while steel bar and wire rod prices rose for the first time in three quarters. This adjustment was due to rising production costs, as iron ore prices hit a 20-month high above US$110 and energy expenses climbed due to Middle Eastern tensions.

Global supply is tightening as China cuts crude steel output, while major producers such as Nucor in the US and mills in Japan and Europe have implemented significant price hikes.

With Taiwan's GDP growth forecast at 7.71%, CSC aims to meet international trends while maintaining domestic competitiveness as demand for AI technology and exports improves.